Immediate rental income with strong transport links and local amenities.
Tenant in situ, producing £1,400 pcm until August 2026
Freehold Victorian terrace with brick façade
Small overall size — approx. 396 sqft (compact rooms)
Requires modernization; kitchen and bathroom upgrades likely
Loft accessed by drop-down ladder — storage only
Very low local crime; excellent mobile and broadband signal
Small rear yard; on-street parking only
Located in a very deprived area — consider demand dynamics
This traditional Victorian terrace on Mayford Road is offered as an income-producing purchase with a tenant in situ, generating £1,400 pcm on a fixed-term tenancy until August 2026. The red-brick façade and compact layout make it straightforward to manage for a buy-to-let portfolio or an investor seeking immediate cashflow.
Internally the property is modest in size (approximately 396 sqft) with a long reception, compact kitchen, three bedrooms, shower room, separate WC and a loft accessed by drop-down ladder used for storage. The home retains dated finishes throughout and will need modernization to increase rental value and appeal; cosmetic and kitchen/bathroom upgrades are the most obvious opportunities.
Location supports rental demand: frequent bus routes on the A6, nearby shops, parks and several well-rated primary schools. Broadband speeds and mobile signal are strong and recorded local crime levels are very low, which helps tenant retention in an otherwise very deprived area.
Practical notes: the property is freehold with small plot and limited living space. Buyers should factor refurbishment costs into the purchase and note that the sale includes an existing tenancy. A full survey is recommended prior to exchange to confirm services and condition.
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